Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 21st of October.
In today's report, I will be covering many of the major markets that have been pushing the indices to new highs.
I'll start with Apple (NASDAQ:AAPL), who is rolling out new products tomorrow at 10am PT/1pm ET at San Francisco’s Yerba Buena Center. The slogan for the Apple roll out is, "we still have a lot to cover," so it should be a market mover.
I will also be looking at Netflix (NASDAQ:NFLX), which has turned out to be a big winner for us this year. Netflix is reporting earnings today after the bell.
Facebook (NASDAQ:FB) made a new high on Friday and is on a roll. It looks to be heading higher as it moves into the mobile space in a really big way.
Lastly, I will be looking at Yelp (NYSE:YELP) and analyzing this market. I'll show you what I think can happen to this stock in the future.
As always, I appreciate your comments and feedback. Please feel free to leave them on this blog, along with any questions you might have.
Have a great trading day,
Adam appears frequently on the following financial news channels as a guest expert. Click on any cable logo to watch Adam's latest appearance.